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Crypto IRAs: Future-Proof Your Retirement
As cryptocurrencies increasingly make their mark on the global financial landscape, savvy investors are beginning to explore their inclusion in retirement plans. The surge in digital assets has led to an upswing in crypto IRA providers, granting access to cryptocurrency investments. Here's a look at the unique aspects of these projects. 
Data from security service provider Immunefi reveals that since the start of 2024, cryptocurrency projects have suffered $473 million in losses (108 incidents) from hacker attacks and rug pulls. Last month, the industry lost $52 million, a decrease of 20% from April 2024 and 12% from May of the previous year. 
Argentina Investigates El Salvador's Bitcoin Integration Strategy
Argentina's new government is showing a keen interest in Bitcoin's potential. Newly elected president and crypto enthusiast Javier Milei is progressively making good on his promise to weave digital assets into the fabric of the real economy. 
On May 26, a new scandal erupted on the X platform, involving the loss of control over a popular account. A post suddenly appeared on the channel of the renowned trader and analyst @GiganticRebirth (GCR) claiming that the ORDI token would soon “moon” and advising followers to invest immediately. 
The U.S. Securities and Exchange Commission (SEC) will close its regional office in Salt Lake City, and two of its attorneys have resigned. This decision follows the regulator's defeat in court against the mining company Digital Licensing and its DEBT Box project, which began in July 2023. 
Polygon Labs, a crypto company, has acquired the research platform Toposware, which aided developers in creating Polygon Type-1 — a project allowing any EVM network to become an L2 blockchain with zero-knowledge (ZK) proof. The deal is estimated to be worth between $30 million and $50 million, according to various sources. Top 8 Crypto Subreddits in 2024
Reddit is one of the most popular social media platforms with 267.5 million weekly active users. Redditors with similar interests come together in different discussion forums called subreddits. For the crypto community, the platform is one of the go-to places to start discussions, share memes, news, opinions, etc. This article mentions 8 of Reddit’s most popular crypto forums. 
A federal court in Brooklyn has sentenced former investment banker Rashawn Russell to 41 months in prison for his involvement in a cryptocurrency fraud scheme and identity theft. Investors suffered losses of approximately $1.5 million, which Russell must now repay. 
A new product named Ether․fi Cash is designed as an alternative to the often complex and costly off-ramp process of converting cryptocurrency to fiat money. The developers hope that this innovation will allow cryptocurrency holders to operate entirely within the blockchain ecosystem. What Crypto Issues Will the New U.S. Law Address?
An important regulatory bill concerning cryptocurrencies might receive approval this May. The U.S. House of Representatives is scheduled to vote on the Financial Innovation and Technology Act, known as FIT-21, which could significantly impact the global digital industry.